An Uber Impact: 20,000 Jobs Created on the Uber Platform Every Month

Uber Transportation Network Now Covers 43 Percent of the U.S.
Population

May 27, 2014 07:54 AM Eastern Daylight Time

SAN FRANCISCO--(BUSINESS WIRE)--Today Uber Technologies, Inc., reported the unprecedented jobs impact of
its platform: at its current rate, the Uber platform is generating
20,000 new driver jobs every month. These drivers are seizing the
platform’s economic opportunity by building small businesses for
community needs long forgotten by the taxi industry: high quality, safe,
reliable and affordable transportation options.

Median uberX Small Business Income Per Year:
$90,766 (NYC); $74,191 (SF)

UberX driver partners are small business entrepreneurs and are
demonstrating across the country that being a driver is sustainable and
profitable. For example, the median income on uberX is more than $90,000
per year per driver in New York and more than $74,000 per year per
driver in San Francisco.

The Uber platform generates $2.8 billion1
per year for the U.S. economy and is growing.

“Just four years ago we set out to build a better option for people
to move around cities – to make getting a ride safer, easier and
affordable,” said Uber CEO Travis Kalanick. “ButUber’s
positive impact goes further; hundreds of thousands of entrepreneurs are
using the platform to build their own small business, resulting in a
huge job growth engine for cities resulting in billions of dollars being
pumped into the U.S. economy.”

Uber is Available to 137,451,768 Americans with an
Average Pickup Time of Less Than 10 Minutes –

That’s 43 Percent of the U.S. Population Covered
in Just Four Years

With a powerful technology platform, Uber delivers turnkey
entrepreneurship to drivers across the country and around the world. In
contrast, the nation’s taxi drivers are often below the poverty line,
required to spend $3,500 per month, over $40,000 per year just to lease
their taxi, so that wealthy taxi company owners can reap the benefits of
drivers having no other option to make a living.

Uber’s Presence in a City Reduces Impaired Driving

Uber’s presence also lowers incidents of impaired driving. The
availability and affordability of rides on the Uber network provide the
residents and visitors of Uber cities with an important alternative to
drunk driving, marking a considerable contribution to the welfare of a
community and reducing DUI arrests by tens of thousands across the
nation. Uber’s recent econometric
analysis shows that, for example, the entrance of the Uber platform
in Seattle caused the number of arrests for DUI to decrease by more than
10 percent.

Drivers Reap Benefits of the Uber Platform: in
their Own Words

The transparency and accountability of the Uber platform makes
drivers feel safe: “I feel very safe [on the Uber platform], they
have a record of everyone who gets in my car and everything that goes on.”
[Washington
Post, April 13, 2014]

Drivers no longer have to pay more than $700/week to rent a taxi: “[Michael]
Belet said he grew tired of paying $105 a day to rent his Barwood taxi
and jumped at the chance to use his own car.” [Washington
Post, April 13, 2014]

Drivers have more flexibility and make more money on the Uber
platform: “Jason Bow worked as a cab driver for two years before
he turned to Uber X [sic] . . . as an Uber X [sic] driver, he makes more
for less: a 40-hour workweek nets him about $1,500... ‘I get to create
my own schedule, and that's what's most attractive to me,’ he says.”
[Fortune,
Jan. 15, 2014]

Taxi drivers feel “emancipated” with Uber: “Ali Vazir,
a Denver UberX [sic] driver, quit being a cabbie after nearly six years
plying streets in Denver for Yellow Cab and Metro. What drew him to
UberX [sic] was the chance to drop the weekly cab lease payments he made
to the cab company, which amounted to $22,000 to $32,000 annually. After
other expenses, Vazir said, there were times it was a struggle to make
the equivalent of minimum wage. . . ‘I feel emancipated. I’m so much
happier, and my passengers are happier, too,’ Vazir said.” [Denver
Business Journal, February 21, 2014]

About Uber

Uber
is evolving the way the world moves. By seamlessly connecting riders to
drivers through our platform, we make cities more accessible, opening up
more possibilities for riders and more small business opportunities for
drivers. From our founding in 2009 to our launches in over 120 cities in
36 countries today, Uber's rapidly expanding global presence continues
to bring people and their cities closer. https://www.uber.com